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20130113
20130121
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exactly what paul ryan and mitt romney and other republicans have been shouting. keep up the message as much as you can. i hope you have finally gotten through a tube of thick heads. and, yes, this is obama's fualt, not bush. he should be urging congress people to do whatever they can to reduce spending. we are on the verge of exploding. i believe obama is getting a pass on the responsibility. paul ryan's plan, if it had been pushed through, how would it have affected the financial condition of this country? thank you. guest: thank you. chairman paul ryan, the chairman of the house budget committee, has had budget the last seniors. if they had been implemented fully, what would happen is we would not have a balanced budgets. that's a dream that those of us who wanted 25 years ago, have admitted cannot be done in a short time. what it would have done would be to reduce the increase of our debt and it would have made our debt rise by a smaller margin than the increase in our gross domestic product. that's all we want. we want to stabilize this debt somewhere around 60% of gdp. that's a
trillion, we're talking about sort of massive reforms probably along the lines of the paul ryan budget which cut $5 trillion in spending. you'd see things like block granting of medicaid and food stamps and, you know, i don't think that they would put in what's called a voucher system or premium support system for medicare. that was, you know, pretty much trounced during the election. but we'll see. you need something with big numbers in order to -- [inaudible] more or less it's probably a smaller debt ceiling increase. and they also need to decide what to do about two other fiscal cliffs that are looming, the $85 billion in sequester cuts that had been put off for two months for the fiscal cliff deal and also the continuing resolution, government funding runs out march 27th. and if a bill's not passed, the government will shut down. now, some thought that republicans would be more willing to use that weapon to try to force cuts because a government shutdown is several orders of latitude less serious than a debt ceiling default. but, you know, behind the scenes appropriators have been
Search Results 0 to 1 of about 2